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in washington? >>> president obama presses the case for tax hikes on the rich, and the tax cut extension for the middle class, now. >> if congress does nothing, every family in america will see their taxes automatically go up at the beginning of next year. >> but republicans aren't budging, accusing the president of avoiding tough choices on spending and wasting time in the effort to avoid the fiscal cliff. >> it's not a serious proposal. and so right now, we're almost nowhere. >> will there be a deal by the end of the year? and what are the consequences for the economy if there isn't one? we'll ask the president's lead budget negotiator, treasury secretary tim geithner. >>> then the view from capitol hill. are democrats as divided over cutting medicare as republicans are over tax increases? with us, two voices calling for compromise. republican senator bob corker of tennessee and democratic senator claire mccaskill of missouri. >>> finally, our special economic roundtable. as both sides battle over the nation's fiscal health, what can we expect from the economy in a second obama term? w
's the ideological godfather of the tea party. grover norquist has been the driving force behind the anti-tax movement. his goal, to take big government and, in his words, drown it in the bathtub. norquist's weapon is the taxpayer protection pledge, which was at one point signed by 95% of gop members of congress. >> can you raise your hand if you feel so strongly about not raising taxes? >> on the campaign trail this year, only one republican presidential candidate, jon huntsman, dared to cross him. norquist has clout. he's called the most powerful unelected man in america today. >> he signed a pledge, it's without congress. >> that pledge is for that congress. >> i'm not obligated on the pledge. >> republicans are jumping ship and supporting unspecified r revenue hikes to help cut the deficit. and big business resigned to higher taxes. here is lloyd blankfein. >> we had to lift up the marginal rate. >> norquist's response? >> some of these people have had impure thoughts. no one pulled the trigger and voted for a tax increase. >> to be sure, norquist is still raking in big bucks. according t
will happen on the tax treatment of that stuff. i long it for long-term fort foalos. david asbin is coming up on forbes on fox. you are watching all things news. you are watching fox and dave and now. well, liberal are fanning in america today pushing the president's agenda for tax increases with few if any spectaculars about spending cuts. many of these are specific about what they don't want cut and don't touch entitlement spending echoed by democraticic lawmake. >> i think social security should be taken off from the table. >> moment yoize social security or voucherize medicare or block grant medicaid you lose us. >> but the new forbes report showing that moreeople in the states are taking money from the government than the private sector, can our nation afford a deal that doesn't put so-called entitlements on the table. i am dave. we'll go t mike, to you. we have to put entitlements on the table? >> for the sake of the over all economy we must put enments on the table. over the last four years entitlement spending is growing faster than the over all economy. this is why president obama ha
civilians. right now, i want to start with the story of the week. the tax man cometh. the main thing between president obama and congress over the fiscal curb is the unraveling of the con sen sense. glover nor quis managed to get every single republican running for office from school boards up to president, signing a pledge that reads, i pledge to taxpayers to one, oppose any and all efforts to increase the income tax rates for individuals and or businesses and two, oppose any net reduction or elimination of reductions in credits unless matched dollar for dollar. his pledge has been useful to the republican party for a number of reasons. first, it led the republican party to push tax policies that move hundreds of billions of dollars into the bank accounts of wealthy people. it's also given the central right a single, simple policy objective to pursue, no matter what. a kind of north star for modern conservatism. now, members of congress seem to be losing their way. >> there's a lot that has been said about this pledge. i will tell you, when i go to the constituent that is reelected me, it's
of january's big tax hikes, companies and investors are cashing out, including one of president obama's biggest supporters. plus as susan rice makes the rounds on capitol hill, we will look at what could make up the national security team in president obama's second term. >> i am ready and willing and able and excited to go ahead and get this issue resolved in a bipartisan fashion so american families, american businesses have some certainty going into next year. >> i'm disappointed in where we are and disappointed in what's happened over the last couple of weeks. going over the fiscal cliff is serious business and i'm here seriously trying to resolve it, and i would hope the white house would get serious, as well. >> welcome to the journal editorial report. i'm paul. not exactly a meeting of the minds this week between president obama and house speaker john boehner on just where talks to end the fiscal showdown stand. the president, for his part, took his case to the public and repeated his call for a tax hike on upper income americans but made little mention of cuts to entitlement s
half trillion in new taxes, calls for not even $400 billion in cuts and this extra spending that is greater than the amount they're willing to get. but not a serious proposal. lou: senate minority leader writing a little easier in the midst of what is at best a process. he burst into laughter when treasury secretary presented the president's plan. the resident, meanwhile, showing no sign of interest initiation, giving no sign he is rey to make any significant step toward resolving the impasse. president obama cast himself as santa claus in a campaign tyle rally. his comfort zone, while blasting republicans and reminding them, he will not forget who stood in his late on tax increases. >> of course santa delivers everywhere. i have been keeping my own money and nice list for washngton. visiting towns like this. >> president obama got his wish rather than negotiating with republicans he was simmering them back on the campaign trail at a factory in pennsylvania that makes angry birds toys. >> it's not acceptable to me, and i don't think it's acceptable to you for and full of re
the details of the president's opening gambit in the fiscal cliff talk. he wants a $1.6rillion tax increase, 50 billion and stimulus spending. and the white house has the ability to raise the debt ceiling without congressional approval. a very big deal for folks there. today, the president is out there, trying to drum up support among the public. not in washington or with congress or the senate. here is what he had to say. >> it is not acceptable to me, and i do not think it is acceptable to you for a handful of republicans in congress will middle-class tax cuts hostage simply because they don't want tax rates on upper income folks go up. gerri: it sounds like the same old, same old. the president has been making the sa comments again. is this any way to sell a plan? >> there really is not. the president is not being serious about this. the fact that the president is out there campaigning on this rather than negotiating, it means that those that are negotiating, such as secretary geithner, they probably don't feel bound by what the president is saying. th is the fit gammons and certainly no
reasons to deal with that. yes, raise taxes and you can cut spinding aomatically. if i were president and i said to everybody. take a 10 percent cut off of the top. i don't care how you get there, do it. >> i want to bring in john layfield again. i want to go back to his point. i agree with you. that the states who are about to get socked with obama care are going to neeled the revenues moving forward and this would be horrible for the statings. if all of the millions they are pulling in are taken away. >> i disagree with my friend tracey. people are going to choose. if they have i think that is it going to go. unlike the federal government. you take away the lotto money. first thing they will do they cut employees . it is it state government and federal government funded by the lottery. there is a defense between taxes that are forced and lotter which i it. >>> and i think the point. >> there is no way. if you make it vuntary. >> i can't hear anybody! >> and the bigger point here, you got to start somewhere. anybody who comes wup a solution. if it doesn't cover the full pad they slam
and tax regulations, police codes, parking stations, revenue control equipment, licensing regulations, parking tax bonds, administrative citation process. you have a presentation by mr. greg kato, tax and treasurer's office and there kato is making the presentation at the request of supervisor campos' office. >> thank you, welcome >> thank you for your patience. >> thank you. good afternoon. the legislation before you today amends the business and tax regulations code with regard to enforcing the parking tax. our office would like to thank supervisor campos for carrying that legislation. this follows on the efforts of former supervisors mcgoldrick, dufty >> the parking tax is pretty significant tax for san francisco. it collects a little over $70 million a year in taxes. most of that is appropriated to the mta for transit programs, and so it's a very important tax. the legislation specifically amends how parking bonds are treated. parking bonds are required of operators to protect the city's interest and provide security for the taxes that the operator holds prior to remitting them
's big tax hikes, companies and investors are cashing out. including one of president obama's biggest supporters. plus, as susan rice makes the rounds on capitol hill, we'll look at who could make up the national security team in president obama's second term. ♪ >> i am ready and able and willing and excited to go ahead and get this issue resolved in a bipartisan fashion so that american families, american businesses, have some certainty going into next year. >> i'm disappointed in where we are and i'm disappointed in what's happened over the last couple of weeks. the fiscal cliff is a serious business and i'm here seriously trying to resolve it and i would hope the white house would get serious as well. >> welcome tt colonel, editorial report, i'm paul gigot, not a meeting of the minds between president obama and house speaker john boehner where talks to end the fiscal showdown ends. the president for his park took his place for the public and called for america and little cuts to entitlement spending something the speaker says must be part of any final deal. wall street journal c
cliff. >> the president is demanding higher tax rates. congressional republicans want deeper spending cuts and entitlement reform. will they make a deal before we bring in the new year with a round of tax increases for all of us? we will ask the two men at the center of the negotiations where we really stand. for the president, treasury secretary timothy geithner. for the gop house speaker john boehner. geithner and boehner only on fox news sunday. plus, we've seen this movie before. the two parties edging closer and closer to the brink. we will ask our sunday panel whether we will get a happy ending or an economic disaster. and our power player of the week. a young beauty queen has to make a tough choice. all right now on fox news sunday. >> hello again from fox news in washington. well, we had quite a day around here friday with talks to avoid the fiscal cliff deadlock, and everyone saying the other side is to blame, pressure secretary geithner scheduled a ground of interviews. then friday afternoon, speaker boehner's office called to say he wanted to come on fox news sunday to tell
shouldn't send them more tax revenue. this is exactly why. they may try to help people, but they are terrible about it. they never actually succeed. when you look at what is going on. neil: when they are out there to see what's going on, i have a couple of friends of the show that residents that were out there instead. >> rht. neil: i think that is what is concerning me. getting it backwards i think new jersey, something like $10,000 up to $40,000 -- we have to vent for the money back and we have to wait for someone in a building in washington dc to decide where the money is going to be distributed when we should just keep it in the house. you know, keep the taxes the same, but let new jersey pulled onto a larger version of it. neil: melissa? >> you know the faces, you know how to help them. when this country relied more on the community, your friends, your church -- the people around you. it work bette neil: it's like with school shootings and all that. gun advocates, whatever you do, don't use something like bad. climate change is the same thing. where theyre going to
for progress of this moment. the clock is ticking down. end the year for mandatory tax hikes set to kick in. welcome to new hour of "america's news headquarters." i'm eric shawn. >> i'm jamie colby. more talk of the miscall cliff is coming. house speaker john boehner in an exclusive interview with "fox news sunday" saying, "we're nowhere" in fiscal cliff talks with democrats. treasury secretary tim geithner saying and telling chris wallace republicans must accept the tax hikes for the wealthy to reach a deal. a deal is what we are after. peter doocy live in washington with more. peter, tell us first, speaker boehner -- the big problem right now with the white house proposal that was just presented. >> jamie, speaker boehner says he was flabbergasted when the treasury secretary geithner came to capitol hill and told him what the president wants. and this is why. >> the president is asking for $1.6 trillion worth of new revenue in ten years. twice as much as he has been asking for in public. he had stimulus spending in here that exceeded the amount of new cuts he was willing to consider. it w
is very important. we're trying not just to prevent a tax increase on 98% of americans, we're trying to go beyond that's going to be good for the long term american economy. >> but you said you're getting closer, they're saying you're getting much farther apart. they say that this is not a serious proposal. >> we have a very good plan. we have a very good mix of tax reforms that raise a modest amount of revenues on the wealthy 2% of americans. combined with very comprehensive, very detailed savings that get us back to the point where the debt is stable and favorable. if we can do that carefully, we can invest in things to make america stronger. we can rebuild infrastructure. we think those are good investments in america and we think we can afford them. >> let's look at an outline of what republicans said they heard in the meeting. $1.6 trillion in tax increases over the next ten years. $50 billion in stimulus spending right now. $400 billion in unspecified medicare cuts. over the next ten years. and then, permanent authority to increase the debt limit the president wants that authority. t
lowered my voice there? today the president took his tax pitch to the factory in the nilly suburbs and made clear the rich must pay their fair share meaning they must go up to the top 2%. a tax cult for 98%. the rest of the people, let's listen to them. >> it's not acceptable to me and i don't think it's acceptable to you for a handful of republicans and congressman to hold tax cuts hostage simply because they don't want tax rates on folks to go up. right? that doesn't make sense? the senate has already pass add bill to keep the taxes from going up on the middle-class families. that's already passed the senate. you remember congress, they're ready to go, they're ready to vote on that same thing. and if we can just get a few house republicans on board, we can pass the bill in the house, its wi it will land on my desk, and i am ready. i've got a bunch of pens ready to sign this bill. >> and 30 minutes after the president was finished, john boehner held a press conference. he gave a pessimistic assessment of the negotiations. let's listen to mr. boehner. >> let's not kid ourselves. bu
to hear. basically geithner said no waw to cut a deal without raising taxes on upper income americans. even though, he said he's optimistic some kind of deal can be reached by the end of the year, and he said 98% of americans will not see a tax rate increase. here's what he told us when we sat down with him. >> i do think we're going to get there because the only thing that stands in the way of an agreement that's good for the economy is if a group of republicans decide they're going to block and increase in tax rates on the wealthiest americans. i think it's unlikely they will choose to do, that of course, because there's so much at stake. >> schieffer: in all seriousness, i'm told mitch mcconnell laughed when you handed in this proposal. is that true? >> they're in a hard position, bob. they really are in a difficult position. and they're going to have to figure out their politics of what they do next and they're trying to figure that out right now. we're going to work very hard at this and we're going to keep talking to each other. and, again, i think we have a very good chance for
house would like to raise tax rates on top earners to where they were in the clinton administration, 39.6%. they would also like to raise $1.6 trillion with new taxes over the next decade, while cutting about $400 billion through entitlement reform. although, those cuts are not specific and not guaranteed. but the treasury secretary says the administration's plan is fiscally responsible and would prevent taxes from going up on 98% of americans. >> we think that is a very good set of proposals. we think it's good for the economy. if they have different suggestions they want to go further in some areas, then they should lay odds with us. >> reporter: secretary geithner said he cannot promise we will not go over the fiscal cliff and whether or not we go over it depends -- is a decision, rather, that lay in the hands of republicans that don't want to increase tax rates. speaker boehner said there is a chance we go over the cliff, but he doesn't want any part of that and he will do everything he can to avert that. eric, jamie? >> eric: peter, negotiations if and when they commence and contin
in new taxes, $400 billion in savings from medicare and other entitlement programs, $50 billion in new stimulus spending, and an additional $285 billion to fund depreciation and mortgage programs, unemployment insurance benefits, and payroll tax cuts. >> this extra spending, that's actually greater than the amount they're willing to cut. i mean, it's -- it was not a serious proposal. >> while his aides were on capitol hill offering up the opening bid, the president was making his case in pennsylvania campaign style. >> at the end of the day a clear majority of americans, democrats, republicans, independents, they agreed with a balanced approach. deficit reduction. >> after the president's remarks, i spoke with his main man on the fiscal cliff, treasury secretary tim geithner. >> let me ask you, the reaction to your going up on the hill and saying this is basically the white house position has been -- mitch mcconnell saying i think it was just demeaning for them to ask the treasury secretary to come up here and give a proposal like this and by this we have people saying it's a sham, it'
tax cuts hostage simply because they refuse to let the tax rates go up on the wealthiest americans. >> the republicans call this a bait and switch. >> alisyn: we'll debate. >> dave: one massachusetts town rolling out the welcome mat to long islanders for christmas tree lighting after the they refused to budge on the holiday event. the p.c. please. >> should you tip your garbage collector or how about your child's teacher? we have tips for tipping or the barista at starbucks. >> dave: no! sorry, ladies and gentlemen. >> "fox & friends" begins right now. ♪ >> are you supposed to tip the teacher. >> dave: some are, some are not. >> you want to err on the side of tipping and is it too much. do you tip the garbage man or the postal employee. you leave a bunt cake outside. >> alisyn: yes, money. they want money. >> dave: we'll get into it later, but it's tough because it used to be you tip someone for extraordinary service. >> alisyn: right. >> dave: now you just tip someone please. >> alisyn: so they don't egg your house, that's why you're tipping. >> and go to ff weekend and fire it
they are going to block a deal because they want to extend tax cuts. what you can expect from the and the a willingness to sit down and explore what the best way to get through this is. it's in the interest of the american people. >> that was followed by a fierce response from grover norquist, the man behind the no tax hike pledge embraced by many in the gop. >> every republican who had impure thoughts has to go back to the drawing board. they have just been told there are no real reforms in this budget. $1.6 trillion in tax increases. >> joining me is eleanor cliff and david dreker thank you for being here. so eleanor, we have timothy geithner who says there will be a deal before the end of the year but it doesn't look like anyone is willing to budge. is that your take away? >> i think there's a rhythm to these negotiations. and right now each side is staking out their optimal position. the republicans reportedly laughed at the proposal. if they can extract concessions from the president, then they can look like they have gotten something in the deal. so i think we're in the
to hammer out agreements on taxes and fiscal spending, they get the full media treatment as the press try to pin the blame on the g.o.p. is it working? details next on news watch. okay, here's the plan. you have a plan? first we're gonna check our bags for free, thanks to our explorer card. then, the united club. my motr was so wrong about you. next, we get priory boarding on our flight i booked with miles. all because of the card. and me. okay, what's the plan? plan? mm-hmm. we're on vacation. there is no plan. really? [ male announcer ] the united mileageplus explorer card. the mileage card with speci perks on united. get it and you're in. why does my mouth feel dryer than i remember it to be? there are more people taking more medication, so we see people suffering from dry mouth more so. we may see more cavities, bad breath, oral irritation. a dry mouth sufferer doesn't have to suffer. i would recommend biotene. the enzymes in biotene products help supplement enzymes that are naturally in saliva. biotene helps moisten those areas that have become dry. those that are suffering can certa
lunches to fiscal hunches. will taxing the rich help the sich? did you get that? that was for situation. warren buffet was on something called "the today show." he said the strategy behind his desire to bleed bucks from his billionaire buddies is how great it will make people earning under $250,000 feel. have a listen, listen havers. >> bottom line, would raising taxes on the wealthiest americans have a chilling affect on hiring in this country? >> no. i think it would have a great affect in terms of the morality of the -- the morale of the middle class who have seen themselves paying high payroll taxes and watch guys like me paying a rate that is below that paid by the people in my office. >> was some old guy talking? meanwhile in england we are seeing what happens when you take from the well to do. 16,000 people declared an annual income of 1 million pounds. that number dropped to just 6,000 after the prime minister introduced a 50% top rate of income tax. it is believed many rich brits moved abroad and taking flight to avoid the government bite. for more, let's go live to "red eye" s
the current system and waiting to fix it later. yeah, no one wants higher taxes, but we're not in a deep reception right now. we absolutely are going to die if things start to chang and in fact, the underlying real problem, the growing deficit on the path to greece, the goal gets worse once we kick the can away. that will be the overriding probleming not the slowing economy not people spending money, but sure, that might not happen in the first two months, but it will eventually happen if we keep kicking down the can. we want to prove to the world that we have a solution and if it takes a few months to get there and higher taxes for a while, big deal, we will get there. that's got to be the plan not just the same nonsense. >> yeah, but larry, that's part of your point, but jonas says we're not in a bad recession, we're certainly not in a good recovery. and if we just keep falling little bit by little bit, maybe as much as jump off the cliff, but it's certainly a slippery slope. >> brenda, the damage is already being done. we saw it in november retail sales and companies delaying activity
in the deadlocked talks to avert the so-called fiscal cliff, the devastating combinations of tax increase and spending cuts that kick in january 1st. both sides seem to dig in this morning on the sunday talk shows. >> the only thing standing in the way of that would be a refusal by republicans that the rates would have to go up on the wealthiest americans, and i don't really see them doing it. >> right now, i would say we're nowhere, period, we're nowhere. >> that somber assessment today from house speaker john boehner, as geithner, the point man, went on all five sunday talk shows, cnbc, washington correspondent aman javers joining me live now. did geithner offer anything new today? >> he really didn't. he thinks the republicans are bluffing here and they are not prepared to go all the way to the mat here on behalf of tax cuts for the rich. they think at the white house they've got their republicans backed into a political corner here, and they are really pressing their advantage hard. you saw this sort of breathtaking offer by the president of the united states last week when he offered
the standoff with your tax bill riding on the out come. unless an agreement is reached by the end of the month, bush-era tax cuts will expire triggering a rise in taxes by an average of 5%. that means a middle-class family will pay $2,000 more in taxes and married couples would be hurt because of marriage penalty. it doesn't include the budget consequences. $55 billion would be cut from the pentagon and another $55 billion slashed from domestic programs. an estimated 2 million jobs could be lost pushing the economy back into a recession adding to the misery to those facing tough times by ending jobless benefits for the long term unemployed. steve is live in washington. where do we stand at this point? >> reporter: two sides did do something today. they appeared on the sunday talk shows but they haven't negotiated an actual deal. john boehner blasted the white house plan which was put forward last week. boehner says the president essentially wasted the last three weeks since the election with nonsense. >> the president is asking for $1.6 trillion worth of new revenue over ten years, twice as mu
's taxes will be going up january 1. as emily schmidt reports, a lot's happening not at the negotiating table, it's happening at the sunday talk shows. it's been 16 days since president obama and congressional leaders gathered to talk about how to avoid the fiscal cliff, the automatic spending cuts and tax increases that go into effect january 1. >> i think we're farther apart but we're coming together. >> i think we're nowhere, period. >> thursday treasury secretary tim geithner presented obama's plan, including $1.4 trillion in tax increases. >> there's not going to be an agreement without rates going up. >> president obama also proposed a $16 billion of spending cuts. >> i'm just flabbergasted. i looked at him and said you can't be serious. >> the house speaker says republicans put increased revenues including efforts to close tax loopholes and put the tax cuts on the table instead of raising tax rates for anyone. >> if there's another way to get income from upper income americans that doesn't hurt our economy, then why wouldn't we consider it. >> those are publicly unchanged deadlin
-stakes game of chicken. secretary tim geithner said there's no deal unless republicans agree to raise taxes on the wealthy. >> if they are going to force higher rates on virtually all americans because they are unwilling to let tax rates go up on 2% of americans, then that's the choice we'll have to make. >> republicans are furious. they don't like democrats drawing a red line in the sand. >> i think we are going over the cliff. it is pretty clear to me they made a political calculation. >> president barack obama and gop leaders held one face to face meeting on the fiscal cliff since the election. that meeting took place more than two weeks ago. >>> the kansas city chiefs suited up and took the field today against carolina. that's despite the shock and horror of yesterday's suicide of linebacker jevon belcher. stay right there with full details in a full report on cnn in just a minute. >>> high winds and heavy rain are pummeling the northwest. the rainfall will continue throughout the day. some places have already seen a foot of rain since yesterday. people living in northern california, or
conversation become nearly-- we raise taxes or else? and it seems like the president is saying that that is the only option on the table and if nothing else happens, it's the republican's fault that we fall off the cliff and go io recession in the new year. >> and you don't believe charlie gasperino or what jay carney says, we could deal with spending cuts up front as well? >> i don't know why anybody is surprised by the opening salvo. i think this is basically it. i don't think that the president's going to budge. i mean, there's a dilutional nature of president obama. he won 50% of the vote and yet, he thinks h won 90% of the vote and that's how he's acting now and i don't care what anybody says, there is no rational reason to raise taxes right now. you don't get enough revenue to deal with the deficit and by the way, we got 2.7% economic growth, which people were jumping up clapping about the markets were, but that's still pretty lousy. >> all of that inventory build. >> that won't happen again u ben stein? >> one reason to raise taxes we have 1 trillion dollar eficit, but i
closer, to avoid the massive tax increases and budget cuts? not according to house speaker john boehner. >> right now i would say we're nowhere. period. we're nowhere. >> the only thing standing in the way of that would be a refusal by republicans to accept the rates that are going to have to go up on wealthiest americans. i don't really see them doing that. >> nbc news white house correspondent, mike viquiera joining me now. treasury secretary timothy geithner, president obama's point man in these fiscal cliff negotiations, ran the gauntlet this morning. he appeared on all five sunday talk shows, including "meet the press" of course, what else did he say? >> craig, you know if we're in the posturing stage and a lot of people think we're still in the posturing stage with, 29 or 30 days to go. we better hope that they're just posturing, because after the period of optimism, the post-election talk of compromise, you remember john boehner came out the day after the election, the president spoke about compromise as well. they're as far apart as they ever have been and the clock is ticking.
news continues. fiscal cliff of tax increases and sharp spending cuts is now exactly one month away. in his weekly media address today, president obama again pushed his party's tax plan. of course, utah senator orrin hatch rejected in the republican response. >> both parties say we should keep middle class taxes low. the senate's already passed a bill to keep income taxes from going up on middle class families. democrats in the house are ready to do the same thing. if we can just get a few house republicans on board, i'll sign this bill as soon as congress send it my way. >> what he proposed this week was a classic bait and switch on the american people. a tax increase double the size of what he campaigned on. billions of dollars in new stimulus spending, and an unlimited, unchecked authority tow borrow from the chinese. maybe i missed it, but i don't recall him scwg for any of that during the presidential campaign. >> jarvis: parents and school boards across the country are debating whether to offer bonuses to teachers whose student do well on standardized tests. sharyl attkisson c
and tax revenues generated to the city and i will briefly touch on this the port has a rental stream from it. there is a big benefit we're getting at saving the buildings. they constitute $100 million plus and we get a chance to bring them back so here are the numbers for the general fund. if you don't include the property taxes it's about half a million of benefit. with the property taxes it's 780,000 that is on going basis. it's not a small number and not as many commas in it but it will generate the general fund. we call out property taxes separately because in the greater context of pier 70 we may may look at a funding mechanism for this and even if we do that there is a fiscal benefits. there are benefits to special funds through the city. mta will get $70,000 a year and these special funds coming off property taxes, so that's the highlights. this is as we went over in october the potential revenue streams to the port over time. it could possibly range in our expected case that by 10 to 12 years out we are at $700,000 a year of rent but that depends how the cost and revenues be
. >> it is unacceptable for republicans to hold middle class tax hostage because they refuse to let them go up on the wealthiest americans. >> people saying that the deal he offered doesn't look like a deal. steve is live in the washington bureau. is there any movement on either side. >> not much. a few republicans who are willing to talk about higher tax rev news but not higher tax rates. the president made a direct appeal to the public. the toy factory in pin pen. he urged congress to pass a bill and extend the era tax cuts for middle class only. >> congress could prevent a tax hike on the first 250,000, of everybodiy income. that means 98 percent of americans and nen percent of small businesses wouldn't see income taxes go up at all . even the wealthiest americans would get a tax cut on $250,000 of the income. democrats are pushing for a vote and it was approved by the secretary. >> and republican leaders what are their next move. >> they are sticking to their guns on the tax rate . they are reacting strongly to the plan that the president uned this week. house spheeker - on speaker boehner
it differently, they should tell us how they want to do it. >> i believe raising tax rates hurts our economy, hurts the prospects for more jobs in our country. >> shannon: as the sparring continues over the fiscal cliff, neither boehner nor geithner can say for certain that the country will not go over the edge. i'm shannon bream. america's news headquarters live from the nation's capital starts right now. >> shannon: we want to get to the budget standoff. peter doocy joins us live. there is time to strike a deal but not a lot. >> reporter: that's right. the speaker of the house john boehner made a point today to say there is not much time between election day and the end of the year. he thinks the white house has already wasted weeks because he does not think the proposal to avoid a fiscal cliff is serious one. negotiations here are nowhere. another republican, senator lindsey graham thinks he thinks things are heading down hill. >> i think we are going over the cliff. it's clear to me they made a political calculation. the offer doesn't deal with the entitlement reform to save the medicare
the president will not budge. raising tax instead of a balanced approach instead of cutting spending is wrong. >> is the president serious about avoiding the fiscal cliff allen webb resphond. >> my homeowner insurance offered me $150 what can i do with that? >> they lost the home and business and sense of security. victims of super storm sandep ho on how they are coping. >> who can throw their hate in the ring for 2016. ladies and gentlemen. our guest host tonight dana preno. [ applause ] ♪ >> welcome to huckabee. i am dana pereno and i want to thank governor huckabee to have me guest host. it is it a month since the presidential election and half of the country is elate vindicate they voted for president obama and walking on cloud 9. the other half not so much. they are confuse despondant and sleepless. they wonder if the nation has gone mad and want to return to common sense not another four years on fantasy island. we are taught as kids to be good sports man and not gloat and give the other side high 5 and say good game. have we seen much much that. nope. being a good matter means being
? >> sure. >> item 5 discussion and briefing on supervisors file no. 12096 3 business and tax regulations code improvement districts longer term when assessment pledged to bond, lease or other obligations, alternative 2/3 weighted vote by business. >> okay. >> item 6, discussion and that is a discussion item only. item 6 discussion and briefing on supervisors file no. 120989. resolution of intention moscone expansion business improvement district. we have lisa pagan, office of economic and workforce development presenting. >> welcome, lisa. >> thank you very much. small business commissioners. president adams, i have a presentation, but i brought handout copies in case you preferred that. so i'm just trying to get it up here. one second, please. i hope it's showing. great. lisa pagan, office of economic and workforce development. i am here to brief you on two legislation were approved at the board of supervisors last tuesday on the 20th of november. that are related to the proposed moscone expansion district. i work in the office of economic and workforce development. and i run our t
benefits. jenn just ran through those. 10 to 20 million annual direct tax few revenue to the city. over $50 million of one time impact fees and 60 million annually in new visitor spending. all of that again without any money from the city's general fund or any new taxes and last but not least we want to use this arena as an engineer to create a great new public space in san francisco. i know one of the great reactions we have gotten to the describe that they presented to you earlier and maybe to the surprise of many that over half of the 13 acres of the piers 30-32 site will be dedicated to public spaces that every citizen can enjoy. we're excited about it. i am happy to share the other 85 minutes of my enthusiasm with you at any time you're interested but thank you for your time today. >> okay. time for public comment. and for those that haven't been here if you could put your speaker card and give it to the commission secretary as you come up. please identify yourself. the first person is katie ladel -- >> excuse me commissioner. we need a motion first. >> so moved. >> second.
. enforcement. a lot of this is about the contract. a lot of sro rooms are subsidized the city tax dollars. i know you heard over the last couple of months from the department of public health, healthy human agencies, and nonprofits that work with those that place people in sros. we want to look at the contracts. anytime city tax dollars are used to place a senior or a person with a disability into an sro room, that there are safeguards. the property manager, landlord of that building is required to say that yes, in return for getting tax dollars, i will make sure that there are no bedbugs and things are maintained properly. that things are safe. all the basics that we all expect. we are thinking of getting them into the contract is one way to do that. that is something we are working on. we welcome other ideas and assistance on that. having bph and sha in the last couple of months is a good opportunity to connect with them. and the thing about how we can do that in the contract. we are also looking at the enforcement structure, department of building inspection and the department of h
in one building that you start going floors up anyway. can something be done with tax breaks? something to get modern elevators in these buildings? >> tax breaks are not my specialty. >> (off mic) not to pass the buck, by the financial and physical feasability, we have not seen this as a political issue. maybe we could organize around that. >> the councilmember suggestion of tax raises an interesting one. the technical challenge of replacing an existing elevator, the financial challenge of replacing it, we are talking about millions of dollars at times to do this type of work. it's complicated. >> thank you. >> chair: thank you. i lived in a 100-year-old building for 15 years. the elevator was never broken down. if you have enforcement, if the elevator breaks down and penalties apply that might be of assistance. >> if i could comment chairperson. one of the comments of councilmember -- is that older elevators have parts that have to be custom fabricated in order to make a repair. you do have the circumstance sometimes where you have a property owner who wants to make the fi
thing you have to do is use a credit card. here today pay $39.99 plus tax and we will ship the to your right away. maybe you have some children you want to buy it for your wife, son, daughter so you can the sum today for under $40 and if you want to buy more one you can do so and use flex pay.it is your chance to get it today and now approaching 30,000 ordered today. where there is music or watching a netflix or hulu plus o that is why tablets are the number one gift to give this holiday season. you will not only have a you have a name brand, the kindle fire, the one that is all abuzz now and today we could not be happier to feature it for you.the response was so huge at was supposed to go all day but if we only have a small amount that we can shipwright away. there may be extended later on in the day. get your calls in if you want to get it immediately with for kids let's talk about that and adults and a baby boomers or first-time tablet users. for kids this is wonderful with your using it as an educational tool (...) i can see the parents and the doctor's office and the kids are res
, and madison, wisconsin. that's because what happens in our state legislatures directly affects our taxes, schools, roads, the quality of our air and water, even our right to vote. poticians and lobbyists at the core of this clever enterprise figured out how to pull it off in an organized, camouflaged way, covering their tracks while they put one over on an unsuspecting public. this is the story of how and why it worked. our report was many months in the making. it's a collaboration between tom casciato and kathleen hughes, the filmmakers at okapi productions, and the schumann media center that i head. schumann supports independent journalism and public watchdog groups like the center for media and democracy, whose investigators have been tracking the footprints of alec, an organization hiding in plain sight, yet one of the most influential and powerful in american politics. ♪ ♪ >> i've often told people that i talk to out on the campaign trail when they say "state what?" when i say i'm running for the state legislature. i tell them that the decisions that are made here in the legisla
about low taxes are free markets was he was described as being cold and evil. the data never hugged you and the basis of a liberalism, the data never hugged. he didn't hate the poor. he ate the poor. a consequence of this, republicans don't really fight back. we assume that we are cold and we don't know what to do about it except continually make the economy work while we let the liberals destroyed and then we come in every two years and fix it. but right now -- [applause] common sense is viewed as intolerant. the nicest thing you can say to somebody no matter who it is is to get a job. the nicest thing you can say. when you're walking down the street and there's a guy panhandling and you say get a job, you're complimenting him. you are saying that you have the will and the means to get a job. but now these days if you say that, you are seen as mean and intolerant to assume people have the power to act of their own volition. that is where we are at now, that we can think of ourselves as a person he can take care of themselves. you are a bigot. i never thought i would see compassionate c
will see their income taxes automatically go up. a typical middle-class family of four will see taxes rise by $2200. >> the president taped his address yesterday during a visit to a toy factory in hatfield, pennsylvania. he said allowing taxes to rise for the middle-class would amount to a lump of coal for americans at christmas time. >>> mexican president-elect enrique pena nieto took office today talking about the challenges that face his nation. >> we are a nation that is going at two different speeds one that is progress and development, but there is another mexico, that lives in the abandonment and poverty. >> president nieto says the inauguration marked the return of the institutional revolutionary party after 12 years out of presidential mansion. at least four demonstrators and four police officers were injured. 65 people were arrested. those opposed to mr. nieto says he used handout and giveaways to sway voters. . >>> authorities say a linebacker for the kansas city chiefs killed his girlfriend and turned the gun on himself in front of his coach and manager. police arrived at pr
for the debt, tax credit investment. and then the last piece, the expensive piece, is the orton equity. the deal structure that they're willing to commit and agree up to 14 million are base case scenario, which is one of the budget [speaker not understood] did a different version of. our best case scenario was the project put in 2 million and we would be able to burn that off in less than 10 years. if we need to go back to the 14 million is when it takes 20 years or more to be in the sharing position. the challenge in this project is controlling the cost and structuring it so we can bring in the debt in a reasonable way and secure the tenant. we're going to work that through. we're going to be documenting that. by the time we're here with a deal, we're a very controlled and very limited exposure for the port, construction cost overruns. that will be very structured in the transaction documents. >> thank you. >> then on the -- i wanted to step back a piece. when we did our earlier planning for this project, we thought this would be a subsidy project. we thought this was a project that t
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